One of “The Best Performing Stock of All Time” is Taking Off Again

September 12, 2017
188 Shares 3,154 Views

If you follow biotech stocks, the name Amgen (AMGN) should ring a bell. If not then here is a little primer:

According to Carter Worth of Cornerstone Macro, Amgen is “if not the best-performing stock of all time, one of the best.” He noted that over the course of the past 30 years, the health-care giant has widely outperformed other high-flying names such as Apple, Home Depot and McDonald’s.

If your stock is beating those kind of companies, then people should really start taking notice. The entire field of biotech has been on the rise lately, but Amgen is in a class all to its own. Just check this chart out.

cnbc.com

Investors should take a long look at these trends and realise that now may be a great time to get on the bandwagon and earn some money.

Read more at cnbc.com

You may be interested

Job Hiring is Picking Up as Employers and Consumers Gain Confidence
Economy
574 views
Economy
574 views

Job Hiring is Picking Up as Employers and Consumers Gain Confidence

Lamont J - March 29, 2021

The recent government stimulus for small and medium-sized businesses, personal stimulus checks, and declining Coronavirus cases, are all great news…

Fed Could Maintain 0% Interest Rate Until 2024
Economy
508 views
Economy
508 views

Fed Could Maintain 0% Interest Rate Until 2024

Adam R - March 26, 2021

The Federal Reserve is holding its target interest rate in a range of 0.00% - 0.25%, even while the economy…

Supply Constraints Could Slow the Home Market
Economy
581 views
Economy
581 views

Supply Constraints Could Slow the Home Market

Becky H - March 25, 2021

Low inventory has been a constant in the home market for more than a year. The supply of existing and…